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Business For-sale Bar With 13 Rental Units Pattaya For Sale

Jomtien, Chon Buri, Thailand
Asking Price:
Available on request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Opportunity to Take Over Established Bar with Rental Rooms in Pattaya, Thailand

Please read the information above carefully. We appreciate your understanding and kindly ask that you refrain from asking questions that have already been addressed.

Location: Jomtien Beach Street 7, known for its vibrant nightlife with bars, beach clubs, and night markets.

Asking Price: 4.5 million THB (slightly negotiable)

Features:

-13 double bedrooms, fully furnished
-Bar
-Pool table
-Live music
-Rooftop

Financials:

Annual Revenue: 5,640,000 THB

Net Profit for the Year: 2,016,000 THB

Detailed financial details will be provided after viewing or once the deposit is received

Lease Details:

Rent: 30,000 THB per month
Lease Term: 3 years, extendable for an additional 3 years

Special Offer:

We have an exciting opportunity for you! There are three thriving businesses available for takeover, all owned by the same partners:

two bars with rental units.
gentleman's club.

If you are interested in taking over all three profitable businesses, we can offer you an exceptional deal.

Reason for selling:

The partner of this esteemed business has been a cherished member of the Pattaya community for the past two decades. Having dedicated his efforts to building and maintaining businesses in this vibrant city, he has established a profitable and well-loved enterprise known for its welcoming atmosphere and loyal clientele.
However, due to advanced age and health considerations, he has decided it is time to step back and enjoy a well-deserved retirement. This difficult decision is made with the intention of passing on these thriving businesses to a new owner who can continue their legacy and further their success.


Please note: The selling price is slightly negotiable. We kindly request that only serious inquiries be made, as the price has been set after a thorough market evaluation. We value your time and ours, so please refrain from making unrealistic offers.

Property Information

Real Estate:

Lease

Lease Terms:

3 years and extendable for the same

Leasehold Rent:

$10,000 (USD) per annum

Living Accommodation:

13 rental rooms available

Location:

Jomtien Beach, Pattaya Thailand

Premises Details:

Located in a prime location close to the beach, good foot traffic and less competition

Business Operation

Expansion Potential:

yes

Competition / Market:

Few but bar has it's own vibe and theme which stands out from the rest

Reasons for selling:

Will be discussed with the potential owner during viewing

Trading hours:

10:00 AM to 01:00 AM

Employees:
6
Years established:
2021

Other Information

Support & training:

Will be provided